Page 35 - Garyb News Today

For perfect attendance. the los angeles unified school district which happens to get money based on attendance is rewarding kids with everything from ipads to chevy sonics just for showing up. and toby, you think its a smart idea? >> yes, its a smart idea. by the way, all schools get paid on attendance, but thats not the issue. the issue is the kids with the best attendance, they have the best graduation rate. if it works, we should do it. a better idea, in many regions, they say this. if your c...

Worldwide over time. >> christian, you see gas prices coming down with this? >> oh, goodness gracious no. even the owners and operators of the pipeline project acknowledge that the jobs created are only temporary jobs. while thats a nice boost, its not a long-term boost. also, in terms of gas prices, this oil is destined for export to the global market, which is going to determine gas prices. this is going to be a drop in the bucket. its not going to influence the global oil supply to a degree e...

Cost that is would add. >> well, i think the point were missing here is that were -- christian used which is the fix. because remember, if theres 20 million union members who woke up one day and even the president of one of the largest unions came out and said by the way, the math doesnt work and our expenses and cost would go up and we would get less care. when he caves in on them, hes to have a fix. guess what, brenda, who else wants a fix? there are other guys and the other people and all of ...

Compared to the health insurance exchanges. >> make it more expensive though? isnt that the issue? >> it doesnt necessarily are to make it more expensive if its designed correctly. what we have right now is a situation where 26 million people who like their health insurance are probably going to be forced to change it, which is something that the law was not intended to do. it can be fixed if the administration is willing to do it. >> gary b, can it be fixed? would you see the administration dho...

This area in oklahoma, the plains is a big section of the country. tornadoes are there all the time. the only response we really have is to be compassionate when something like this happens and to recognize that its going to come at great cost. but thats something that we all pull together to make sure that people can rebuild and go on with their lives. >> gary b, relocate in instead of rebuild? what do you think? >> i think its actually up to the people. look, i come at this from a perspective ...

Redistribution that everyone fears. its been the opposite. its been sort of like it was under clinton. its very hard to stop this. its very hard to make a company pay more and earn less. even with the tax code, getting back to garys point. when they lower the taxes, it lowers their wages. >> brenda: ive got to let toby get in there. go ahead. >> im always amazed that he misses the economic point. the economic point is we did $800 billion of stimulus. how did that wealth spread around? we did alm...

That? do you think the government should be in this business? >> absolutely not. banks should not have the responsibility for deciding who goes to college, and if they are the sole financers of student loans, thats exactly what would happen. of course the number of loans doubled because they cant turn people down. if you have five or six thousand dollar credit card, a bank might say no, you cant go to college. dont turn it over to banks of. >> brenda: gary b., take him on. go ahead. >> the banks...

Off? give it to wamu or theyre gone. give it to wells fargo and citi group. there are too many student loans. the private sector will encourage these loans just as much at just as high a rate. its not going to go away with some sort of a cap on how much you can borrow. there is a scandal there. my student loans from business school are 3.13%. these kids are playing 7% in graduate school. interest rates are lower today than they were when i was in business school. the president wants to fix that....

>> im going to disney world this summer. im going to have a ball. telling you one thing, the stock is bound to go up now. up 30% by the end of the year. >> if youre there, it will go up. john, bull or bear? >> im a bull. gary b, im a bear on mickey mouse. >> yahoos new video content, a real game changer. they might want the jb show. i think it doubles the next three years. >> gary b? >> at this not even know yahoo was still around. >> the only thing hotter than brendas outfit today is tesla auto...

Combined earnings for all those companies. right now theyre at 56. so we have almost twice the earning and basically at the same level we were at record mights in 07. so clearly -- that was even before 2002. so clearly we have more underpinnings in this market. the problem is all that prosperity has come with revenues not going up over the last 12 months. its actually down 4%. so were getting more earnings, were not getting the revenue. >> were also seeing productivity gains. so youre seeing tha...